Syndicate Limited Liability Partnership SPV:
Structure: UK Limited Liability Partnership (LLP)
Operates as a joint-venture
Parties involved: LPs and the Lead
25 investor limit
Governance:
The investors need to take part in the day-to-day management of the SPV. Each of the investors have equal voting rights and must vote in order for a decision to be reached. The poll feature on the dashboard can be used to get consent from all of the members.
Overall Structure:
It's important to note that once the SPV closes, we'll need to update Companies House and display the members of the SPV on the public registry.